Layoff history
3 announcements tracked15,140 jobs affected (reported)
LayoffIsrael · OR, United States · Costa Rica · CA, United States
Intel cut over 5,000 jobs across four U.S. states under CEO Lip-Bu Tan, with reports of layoffs at Israeli branches too.
Layoff
Intel announced a workforce reduction of more than 15,000 employees as part of a $10 billion cost-saving plan following a weak second quarter. Cuts are expected to be completed by the end of 2024.
LayoffFolsom, CA, United States · San Jose, CA, United States
Intel filed a California WARN notice eliminating 140 positions, mainly in R&D, at its Folsom and San Jose sites.